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Author Question: Bank A offers a 2-year certificate of deposit (CD) that pays 10 percent compounded annually. Bank B ... (Read 109 times)

ap345

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on: Apr 25, 2021
Bank A offers a 2-year certificate of deposit (CD) that pays 10 percent compounded annually. Bank B offers a 2-year CD that is compounded semi-annually. The CDs have identical risk. What is the stated, or nominal, rate that Bank B would have to offer to make you indifferent between the two investments?
◦ 9.67%
◦ 9.76%
◦ 9.83%
◦ 9.87%
◦ 9.93%
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Marked as best answer by ap345 on Apr 25, 2021

aham8f

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ap345

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Reply 2 on: Apr 25, 2021
Great answer, keep it coming :)

FergA

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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